Ac­claimed homes in re­ceiver­ship

Yorkshire Post - Property - - PROPERTY -

The award-win­ning, con­tem­po­rary re­tire­ment devel­op­ment Pad 55 in Pick­er­ing is in the hands of the re­ceivers.

The be­spoke devel­op­ment of 15 apart­ments and town­houses was judged a huge suc­cess for its mod­ern and eco-friendly ap­proach, but the prop­erty crash struck a dev­as­tat­ing blow.

As the mar­ket stag­nated, de­vel­op­ers per­suaded plan­ners to re­move the over-55s re­stric­tion, but 14 of the homes are now be­ing sold to the high­est bid­der through GVA Grim­ley on be­half of joint LPA re­ceivers AD Rodger and RN Phillips. GVA say there is po­ten­tial for change of use to hol­i­day lets. For more de­tails, con­tact John Leatham at GVA Grim­ley, tel: 0113 280 8084, www.gva­grim­ cor­po­rate-re­cov­ery-prop­er­ties.

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